Dublin, May 15, 2023 (GLOBE NEWSWIRE) -- The "Vitamin D Testing Market Size, Share & Trends Analysis Report By Product (25-Hydroxy Vitamin D Test, 1,25-Dihydroxy Vitamin D Test), By Indication, By Technology, By Patient, By Test Location, By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global vitamin D testing market size is expected to reach USD 1.63 Billion by 2030 and is expected to expand at a compound annual growth rate (CAGR) of 8.53% from 2023 to 2030.
Companies Mentioned
- Abbott
- Danaher Corporation
- F. Hoffmann-La Roche Ltd
- Siemens Corporation
- Quest Diagnostics, Inc.
- bioMerieux SA
- DiaSorin S.p.A.
- Thermo Fisher Scientific Inc.
- Beckman Coulter, Inc. (BD)
- Tosoh Bioscience, Inc.
The growth of the market is attributed to increased health awareness amongst consumers. The enhanced knowledge regarding the adverse effects of vitamin D deficiency such as osteoporosis, rickets, diabetes mellitus, depression, autoimmunity, cardiovascular disease, and even pregnancy complications is further escalating the demand for testing.
The vitamin D deficiency rates vary regionally as countries located around the tropic have optimum sun exposure, while the countries with high latitudes receive a limited amount of sunlight, thereby leading to a high rate of deficiency amongst the population. For instance, as per BMC Public Health Journal in 2021, over 1 billion people globally are affected by the deficiency. The highest prevalence of deficiency is reported in the U.S., Europe, and Middle East, ranging between 20-90%.
Increasing technological advancements are projected to propel market growth over the forecast period. For instance, in April 2022, Medisure announced the launch of its Health Canada-approved home testing kit. Furthermore, the company was successfully able to get pre-launch orders via pharmacies as well as online stores which demonstrates the high demand for tests. The availability of home tests is anticipated to further enhance the population getting tested for vitamin D deficiency.
Moreover, deficiency is frequently found to occur in patients with diabetes and obesity. These same conditions have been reported to show higher mortality in Covid-19. Low vitamin D levels are prevalent in populations all over the world and have been linked to a significantly increased risk of pneumonia, which highlights the significance of deficiency in cases of respiratory infection.
Furthermore, the high cost associated with testing is one of the major factors restraining market growth. However, market players operating in the market are focusing on developing products that are feasible and easy to use such as at-home testing kits is further propelling the growth of the market. For instance, in April 2022, Empower Clinics Inc. launched its first Health Canada-approved test kit within its Medisure brand, an innovative at-home vitamin D rapid testing kit.
Vitamin D Testing Market Report Highlights
- By product, the 25-hydroxy vitamin D test segment held a larger share of the vitamin D testing market since it turns out to be the most accurate way to test for vitamin D levels
- By indication, the osteoporosis segment is expected to show the fastest growth over the forecast period due to the increasing geriatric population
- North America dominated the global market in 2022, owing to a high prevalence of indication disease and the increasing need for the vitamin D supplements
- Key players are focusing on improving existing tests and developing advanced and novel testing kits to maintain their dominance and attain a competitive edge
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 80 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $848.8 Million |
| Forecasted Market Value (USD) by 2030 | $1630 Million |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Vitamin D Testing Market: Methodology and Scope
Chapter 2 Vitamin D Testing Market: Executive Summary
Chapter 3 Vitamin D Testing Market: Industry Outlook
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Increased health awareness amongst consumers
3.3.1.2 Increasing prevalence of osteoporosis, rickets, thyroid disorders
3.3.1.3 Increasing technological advancements
3.3.1.4 Developing novel drugs for the treatment of related disease conditions
3.3.2 Market Restraint Analysis
3.3.2.1 High cost of testing
3.3.2.2 Needs of supplementing testing with unnecessary supplements
3.4 Porter's Five Forces Analysis
3.5 SWOT Analysis, by Factor (Political & Legal, Economic, and Technological)
3.6 Regulatory Framework
3.7 User Perspective Analysis
Chapter 4 Vitamin D Testing Market: Competitive Landscape
4.1 Recent developments & impact analysis, by key market participants
4.1.1 Ansoff Matrix
4.2 Major deals & strategic alliances analysis
4.2.1 Joint Ventures
4.2.2 Licensing and Partnerships
4.2.3 Technological Collaborations
4.3 Company/Competition Categorization
4.4 Vendor Landscape
4.4.1 List Of Key Distributors and Channel Partners
4.4.2 Key Customers
4.5 Public Companies
4.5.1 Company Market Position Analysis
4.6 Private Companies
4.6.1 List Of Key Emerging Companies
4.6.2 Regional Network Map
Chapter 5 Vitamin D Testing Market: Product Business Analysis
5.1 Definition and Scope
5.2 Product Market Share Analysis, 2022 & 2030
5.3 Global Vitamin D Testing Market, By Product, 2018 To 2030
5.4 Market Size & Forecasts and Trend Analyses, 2018 to 2030
5.4.1 25-Hydroxy Vitamin D Test
5.4.1.1 25-Hydroxy Vitamin D Test Market 2018 - 2030 (USD Million)
5.4.2 1,25-Dihydroxy Vitamin D Test
5.4.2.1 1,25-Dihydroxy Vitamin D Test Market, 2018 - 2030 (USD Million)
Chapter 6 Vitamin D Testing Market: Indication Business Analysis
6.1 Definition and Scope
6.2 Indication Market Share Analysis, 2022 & 2030
6.3 Global Vitamin D Testing Market, By Indication, 2018 To 2030
6.4 Market Size & Forecasts and Trend Analyses, 2018 to 2030
6.4.1 Osteoporosis
6.4.1.1 Osteoporosis Market 2018 - 2030 (USD Million)
6.4.2 Rickets
6.4.2.1 Rickets Market, 2018 - 2030 (USD Million)
6.4.3 Thyroid Disorders
6.4.3.1 Thyroid Disorders Market, 2018 - 2030 (USD Million)
6.4.4 Vitamin D Deficiency
6.4.4.1 Vitamin D Deficiency Market, 2018 - 2030 (USD Million)
6.4.5 Others
6.4.5.1 Others Market, 2018 - 2030 (USD Million)
Chapter 7 Vitamin D Testing Market: Technology Business Analysis
7.1 Definition and Scope
7.2 Technology Market Share Analysis, 2022 & 2030
7.3 Global Vitamin D Testing Market, By Technology, 2018 To 2030
7.4 Market Size & Forecasts and Trend Analyses, 2018 to 2030
7.4.1 Radioimmunoassay
7.4.1.1 Radioimmunoassay Market 2018 - 2030 (USD Million)
7.4.2 ELISA
7.4.2.1 ELISA Market, 2018 - 2030 (USD Million)
7.4.3 HPLC
7.4.3.1 HPLC Market, 2018 - 2030 (USD Million)
7.4.4 LC-MS
7.4.4.1 LC-MS Market, 2018 - 2030 (USD Million)
7.4.5 Others
7.4.5.1 Others Market, 2018 - 2030 (USD Million)
Chapter 8 Vitamin D Testing Market: Patient Business Analysis
8.1 Definition and Scope
8.2 Patient Market Share Analysis, 2022 & 2030
8.3 Global Vitamin D Testing Market, By Patient, 2018 To 2030
8.4 Market Size & Forecasts and Trend Analyses, 2018 to 2030
8.4.1 Adult
8.4.1.1 Adult Market 2018 - 2030 (USD Million)
8.4.2 Pediatric
8.4.2.1 Pediatric Market, 2018 - 2030 (USD Million)
Chapter 9 Vitamin D Testing Market: Test Location Business Analysis
9.1 Definition and Scope
9.2 Test Location Market Share Analysis, 2022 & 2030
9.3 Global Vitamin D Testing Market, By Test Location, 2018 To 2030
9.4 Market Size & Forecasts and Trend Analyses, 2018 to 2030
9.4.1 Point-of-Care
9.4.1.1 Point-of-Care Market 2018 - 2030 (USD Million)
9.4.2 Others
9.4.2.1 Others Market, 2018 - 2030 (USD Million)
Chapter 10 Vitamin D Testing Market: End-use Business Analysis
10.1 Definition and Scope
10.2 End-use Market Share Analysis, 2022 & 2030
10.3 Global Vitamin D Testing Market, By End-use, 2018 To 2030
10.4 Market Size & Forecasts and Trend Analyses, 2018 to 2030
10.4.1 Hospitals
10.4.1.1 Hospitals Market 2018 - 2030 (USD Million)
10.4.2 Diagnostic Laboratories
10.4.2.1 Diagnostic Laboratories Market, 2018 - 2030 (USD Million)
10.4.2 Homecare
10.4.2.1 Homecare Market, 2018 - 2030 (USD Million)
10.4.2 Others
10.4.2.1 Others Market, 2018 - 2030 (USD Million)
Chapter 11 Vitamin D Testing Market: Regional Business Analysis
Chapter 12 Vitamin D Testing Market: Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/6cr4sc
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